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15515 89 St Ct NW Tacoma, WA 98403

For Sale
$1,900,000

Two-building, 13-unit apartment complex in Key Center.

Property size:
12,320 SF

Property Features for 15515 89 St Ct NW

General Information

Size
12,320 SF

Building Details

Year built
1992

Source: COMMENCEMENT BAY BROKERS Agent NICOLAS LIND

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Well-Maintained 13-Unit Apartment Complex

This well-maintained apartment complex features two buildings with a total of 13 units. The units are reported to be clean and in fantastic condition, with newer carpets, paint, and vinyl windows. All 13 apartments are currently occupied by tenants. The property is located in the heart of Key Center, offering convenient access to shopping, retail, and restaurants. The apartments are all metered separately, and there is a coin-operated laundry facility on-site. The property has a potential for more density. The complex is suitable as an addition to an investment portfolio or real estate holdings.
Location Intelligence

Current Use by Public Records

Apartment buildings

Map

City
Tacoma
County
Pierce
State
Washington
Longitude
-122.459
Latitude
47.2652

FAQs

What type of property is this?
Apartment building - Two-building, 13-unit apartment complex in Key Center.
Where is this apartment building located?
The property is located at 15515 89 St Ct NW Tacoma, WA.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: - Well-maintained 13-unit apartment complex in fantastic condition; - Currently 100% occupied with great tenants; - Stable cap rate of approximately 5.4%
More about this property
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